by Big Wave Trader | Jan 5, 2016
The good news was we did not see a continuation of selling we saw at Monday prior to a late day rally. However, the bounce was quite weak with volume collapsing more than 20% across the board and with small gains. At least the Russell 2000 was able to grab the lead....
by Big Wave Trader | Jan 4, 2016
Overnight Chinese markets were halted as selling flooded their markets causing circuit breakers to halt trading for the day. Markets around the world reacted negatively and continued through the European market close. Volume ended higher across the board as...
by Big Wave Trader | Dec 31, 2015
Did you enjoy your mini-flash crash at the end of the day today? Stocks pulled off a mini-flash crash at the midpoint of the final hour today as stocks sold off across the board with the–you guessed it–Russell 2000 leading the way lower. The minor good news for the...
by Big Wave Trader | Dec 29, 2015
After having Friday off traders took to the market pushing the market lower. Of course our FANG stocks continue to act well, but the remainder of the market remains anemic. Given we have another shortened holiday week there should be little expectation we will have...
by Big Wave Trader | Dec 27, 2015
Merry Christmas and Happy Holidays everyone. There will not be an expanded weekend update this weekend, due to the Christmas holiday. All of our market models are on operational SELL signals across the board. Our current asset allocation is 60% cash, 39% long, and 1%...
by Big Wave Trader | Dec 24, 2015
Another day and another positive day for stocks as the market is right back where it started when the Fed raised rates. Volume remains below average, but price certainly has improved after last Thursday’s and Friday’s action. All day long any dip was met with buyers,...
